Signature Estate & Investment Advisors LLC Raises Holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK)

Signature Estate & Investment Advisors LLC increased its holdings in Schwab 1000 Index ETF (NYSEARCA:SCHK) by 99.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 199,152 shares of the company’s stock after buying an additional 99,430 shares during the period. Signature Estate & Investment Advisors LLC owned about 0.29% of Schwab 1000 Index ETF worth $5,638,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. GHP Investment Advisors Inc. raised its position in shares of Schwab 1000 Index ETF by 100.8% in the 4th quarter. GHP Investment Advisors Inc. now owns 972 shares of the company’s stock worth $28,000 after acquiring an additional 488 shares in the last quarter. Blue Trust Inc. raised its holdings in Schwab 1000 Index ETF by 100.0% in the fourth quarter. Blue Trust Inc. now owns 1,148 shares of the company’s stock worth $32,000 after purchasing an additional 574 shares in the last quarter. Breakwater Investment Management lifted its position in shares of Schwab 1000 Index ETF by 100.0% during the fourth quarter. Breakwater Investment Management now owns 1,174 shares of the company’s stock valued at $33,000 after buying an additional 587 shares during the last quarter. Mather Group LLC. boosted its holdings in shares of Schwab 1000 Index ETF by 63.4% in the 4th quarter. Mather Group LLC. now owns 1,217 shares of the company’s stock valued at $34,000 after buying an additional 472 shares in the last quarter. Finally, Sandy Spring Bank boosted its holdings in shares of Schwab 1000 Index ETF by 99.9% in the 4th quarter. Sandy Spring Bank now owns 1,549 shares of the company’s stock valued at $44,000 after buying an additional 774 shares in the last quarter.

Schwab 1000 Index ETF Stock Up 1.8 %

NYSEARCA SCHK opened at $27.78 on Tuesday. Schwab 1000 Index ETF has a 52 week low of $23.86 and a 52 week high of $29.65. The company has a 50 day moving average price of $28.55 and a 200 day moving average price of $28.33. The firm has a market cap of $3.91 billion, a PE ratio of 24.25 and a beta of 1.04.

About Schwab 1000 Index ETF

The Schwab 1000 Index ETF (SCHK) is an exchange-traded fund that is based on the S&P Schwab 1000 index, a proprietary market-cap-weighted index that includes 1,000 of the largest US-listed stocks. SCHK was launched on Oct 11, 2017 and is managed by Charles Schwab.